STOCKHOLDERS' EQUITY (Details) - Restricted Stock [Member]	9 Months Ended
	Mar. 31, 2016 USD ($) $ / shares shares
Outstanding (unvested) | shares	1,708,000
Granted | shares	1,000,000
Forfeited | shares	0
Vested | shares	(1,716,000)
Outstanding (unvested) | shares	992,000
Fair Value, Outstanding (unvested) | $	$ 1,797,992
Fair Value, Granted | $	1,660,000
Fair Value, Forfeited | $	0
Fair Value, Vested | $	(2,899,390)
Fair Value, Outstanding (unvested) | $	$ 558,602
Grand Date Fair Value Per share, Granted | $ / shares	$ 1.66